Saturday, May 19, 2012

Book Critique

I am currently working my way through "A Theology of Liberation" by Gustavo Gutierrez.  The book was originally published in 1973.  In chapter 6 he explores the idea of a new imperialism being implemented throughout the world by the US in the form of multi-national corporations.

Some context on the author might help.  Gutierrez is a Catholic priest  from Peru.  He observes and experiences the expansion of capitalism extending towards his own country and others like it from a 'dependent' role.  In other words, subservience from his country is expected.  He is questioning the 'trickle down' theory from a third world perspective.  In the book he reflects on many factors that take place in the relationship between countries who dominate, i.e. the US and Europe.  But, one striking observation I have met is that of the multi-national corporations involving themselves in developing countries under the banner of coming from a 'christian' nation.

Many classical free market economist, such as Milton Friedman, have argued that capitalism has contributed to the wealth of many people (see Johnson&Johnson heir's documentary titled 1% with an interview featuring Friedman).  This idea will be explored in later posts but mentioned here simply for context.

The main point of this post is to ask Christians, P.E.A.R's number one concern, "To what degree do we involve ourselves in this expansion of multi-national corporations who exploit the working class of developing nations?"  One may argue that we need to provide basic food, clothing and shelter for our families.  Fair enough; yet, what about our retirement plans?  Should we invest in mutual funds and other retirement accounts that finance the expansion of multi-national activities that contribute confiscation (capitalist call this stealing when communist do it) of land and labor from the working classes only to build the wealth of a few shareholders?

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